Simplified Acquisition Procedures
Contingent Fees
Fees based on specific conditions in contract clauses
Sole-source orders
Orders without competition, specified in Small Business Act
Micro-Purchase Threshold
Threshold for small purchases without provisions or clauses.
Purpose
To prescribe simplified acquisition procedures aiming to reduce costs, enhance opportunities for small businesses, promote efficiency, and avoid unnecessary burdens.
Contracting Officer's Knowledge
Utilizing the officer's understanding of the purchased item.
Arms Control Violations
Measures against individuals violating arms control treaties
Impartial evaluation
Objective assessment of quotations or offers
Administrator, OFPP
Official responsible for including laws in procurement policies
Brand Name Justification
Requirement to justify brand name usage in contracts
Promoting Competition
Requirement to maximize competition for advantageous offers
Brand-name justification
Requirement to post documentation for brand-name acquisitions
Covered Article
Restrictions on procurement based on FASCSA orders.
Covered Telecommunications Equipment
Restrictions on procurement due to security concerns.
Combined Synopsis and Solicitation
Single document for commercial products or services procurement
Lowest price technically acceptable
Source selection process based on price
Legal effect of quotations
Specifies that a quotation is not an offer and outlines the process by which a contract is established through acceptance of an order.
Market research
Study of market prices for price reasonableness
Minimum Order Price
Supplier quoting excessive minimum order price or quantity.
Bulk Funding
System authorizing lump sum funds for multiple purchases
Request for Information
Offering an explanation for award decisions beyond price.
Imprest fund
A fixed cash fund established by an advance of funds from an agency finance officer to a cashier, used for small cash payments.
Authorized individual
A person granted authority, following agency procedures, to acquire supplies and services in accordance with the specified part.
Governmentwide commercial purchase card
A purchase card, akin to a commercial credit card, issued to authorized agency personnel for acquiring and paying for supplies and services.
Third party draft
An agency bank draft, akin to a check, utilized for acquiring and paying for supplies and services.
Taxpayer Identification Number
Annotating the award document with contractor's TIN.
Comparison of proposed price
Assessing price against previous purchases or market prices
Evaluation of quotations
Assessment of submitted price offers
Reverse Auction
Auction where sellers compete to obtain business from buyer
Books and Records Examination
Authority to inspect contractors' financial records
52.215-2
Clause on audits and records negotiation, with exceptions
52.222-4
Clause on work hours and safety standards for overtime compensation
52.203-7
Clause outlining anti-kickback procedures
52.203-5
Clause prohibiting contingent fees in contracts
52.203-6
Clause restricting subcontractor sales to the government
Government Estimate
Comparing prices to an independent Government estimate.
Simplified Acquisition Threshold
Contracts below set monetary limit with specific laws exemptions
Transportation charges
Costs from supplier to delivery destination
Evaluation factors
Criteria used to assess quotations or offers
Standing Price Quotations
Current pricing info used without individual quotes for each purchase
Contract file
Documentation of contract details
Best value
Encouraged method for awarding contracts
Comparison
Evaluating items in related industries for price comparison.
Governmentwide Purchase Card
Exempt from verification for delinquent debts under TOP.
Absence of Competition
Explaining lack of competition for brand name purchases.
Considerations
Factors to assess before soliciting competition
Options in solicitations
Inclusion of additional terms in requests
Written solicitations
Issuing paper requests for quotations
Lowest Price Technically Acceptable
Justifying the use of this source selection process.
Documentation Retention
Keeping minimal records supporting purchases for management review.
10 U.S.C. 983
Law denying grants to institutions impeding military access
Criminal or Civil Penalties
Laws imposing punishment for violations
End User License Agreements
Legal agreements for software or services that may contain unenforceable clauses.
Public Law103-355
Legislation rendering specific provisions inapplicable
31 U.S.C. 1354(a)
Limitation on using funds for contracts not meeting veteran employment requirements
Written Solicitations
Limiting written records to show prices, suppliers, and terms.
Current price lists
Lists used for assessing price reasonableness
Policy
Mandates the use of simplified acquisition procedures for purchases not exceeding the simplified acquisition threshold, with exceptions for specific circumstances.
Synopsis Requirements
Mandatory public display and synopsis for contract actions
Supplier License Agreements
Many supplies or services are acquired subject to these agreements.
Scope of part
Policies and procedures for the acquisition of supplies and services, including construction, research and development, commercial products, and commercial services, not exceeding the simplified acquisition threshold.
Drug-Free Workplace
Policy ensuring a drug-free work environment
Commercial Purchase Card
Preferred method for micro-purchases.
Anti-Deficiency Act
Prevents violations due to unauthorized obligations in micro-purchases.
Fair and reasonable price
Price assessment before contract award
Fairness and Reasonableness
Price inclusion alone does not establish fairness and reasonableness.
System for Award Management
Primary source for vendor information for contracting officers
Notices of proposed contract actions
Procedures in 5.704 for posting orders
Award notices
Procedures in 5.705
Soliciting competition
Process of requesting quotations or offers
Subcontractors Direct Sales
Prohibition on restricting subcontractors' sales to the US
TikTok
Prohibition on using the application in government purchases.
Kaspersky Lab
Prohibition on using their hardware, software, or services.
Notification to Suppliers
Providing notification to unsuccessful suppliers if requested.
Contingency Operations
Purchases supporting specific operations have higher thresholds.
Competitive range
Range of offers considered for award
Oral Solicitations
Recording oral price quotations for order propriety.
FAR Council
Regulatory body incorporating new laws into acquisition policies
Oral solicitation
Requesting quotations verbally
Certificates of Competency
Requirement for small business competency before rejection